ADB and Aadhar Housing Partner to Bridge Homeownership Gap for Women in India
The Asian Development Bank and Aadhar Housing Finance Limited have partnered to create a USD 60 million program offering affordable housing loans exclusively for women in India. This initiative targets low-income families in eight underserved states and aims to empower women through homeownership and financial inclusion. In a significant move
Multi-storey housing to be built in slums: CM Yogi Adityanath at review meeting with Urban Development Dept
CM Yogi Adityanath announced the construction of multi-story housing in slums during a review meeting with the Urban Development Department. During a recent review meeting with the Urban Development Department, Uttar Pradesh Chief Minister Yogi Adityanath announced plans to construct multi-story housing in slum areas to provide better living conditions
Here’s why London is the preferred overseas real estate investment destination for rich Indians.
London continues to be a magnet for wealthy Indian real estate investors. Several factors contribute to this enduring trend. First, London’s property market boasts a reputation for stability, offering attractive rental yields that provide a steady stream of income. This stability also translates to potential for capital appreciation, making it
Ronit Roy buys apartment for Rs 19 crore in Mumbai’s Versova
Ronit Roy and his wife invest in a lavish Versova apartment for Rs 19 crore, reflecting Mumbai’s strong luxury real estate market. Veteran Bollywood actor Ronit Roy and his wife Neelam Roy have joined the growing list of celebrities investing in Mumbai’s premium real estate market. The couple recently acquired
An Insightful Forum Examines GRAP Effects and Innovative Solutions
An insightful discussion was organized to examine the consequences of the Graded Response Action Plan (GRAP) and explore potential solutions. Held at the Constitution Club of India, the event aimed to address growing concerns about air pollution, particularly the impact of GRAP measures such as halting construction work during winters.
Anvita Group takes up Rs 2,000-cr mega residential realty project
Anvita Group, a real estate developer based in Hyderabad, has announced an ambitious new project: a Rs 2,000 crore mega residential complex named “Ivana” situated in Kollur. Spread over nearly 13 acres, the project will be undertaken in two phases to cater to varying needs and budgets. The first phase
Manappuram Finance MD Nandakumar buys ₹41 crore duplex in Mumbai
Manappuram Finance’s MD, VP Nandakumar, makes a significant real estate investment by purchasing a luxurious ₹41.25 crore duplex apartment on Mumbai’s Carter Road. In a move signaling a personal windfall or a strategic investment in Mumbai’s high-end real estate market, VP Nandakumar, the CEO and MD of Kerala-based Manappuram Finance,
Mahindra Lifespaces closes two deals with a revenue potential of ₹2,050 crore in Bengaluru and Mumbai
Mahindra Lifespaces, the real estate development arm of the Mahindra Group, has announced two major deals bolstering its presence in key Indian cities. These deals مجتمع (mujtamai – community in Arabic) projects have a combined gross development value (GDV) of ₹2,050 crore. The first deal pertains to Mumbai, where Mahindra
Raymond to demerge real estate business, list it on exchanges
Raymond Ltd. is demerging its real estate business to create a separate publicly traded company, Raymond Realty, allowing each entity to focus on its core strengths and growth opportunities. Signaling a strategic shift, Raymond Ltd., a renowned textile and apparel company, announced plans to demerge its real estate division. This
BMC can spare five acres of Mulund octroi land for Dharavi redevelopment
The Brihanmumbai Municipal Corporation (BMC) has ignited a fresh wave of debate in Mumbai’s ongoing Dharavi redevelopment saga. The civic body has offered to allocate five acres of land from the 18-acre Mulund octroi naka land parcel to the project. This proposal comes despite facing resistance from a section of
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